Headlines News

Dangote, only Nigerian on Bloomberg’s top Billionaires’ list

Ihesiulo Grace 11 August 2021 0

*Fortune increases to $17.8bn Africa’s richest man, Aliko Dangote has significantly moved up in the World billionaires list as his fortune increased to $17.8 billion as against last year’s $14.8 billion to emerge as the only Nigerian in the Bloomberg’s yearly top billionaires lists. Other

Africa Banking Business World

FG to get $2.5bn loan from World Bank

Ihesiulo Grace 20 September 2019 0

The Federal Government has approached the World Bank for a loan of $2.5billion, World Bank’s Vice President for Africa, Hafez Ghanem revealed. Ghanem explained that the World Bank was in talks with the Nigerian government for the concessionary loan. He, however, noted that Nigeria had received $2.4billion from the global financial institution in 2018. According […]

Business Oil & Gas

NNPC to partner China on $2.5bn gas pipeline deal

Ihesiulo Grace 17 September 2019 0

Micheal Ajayi Nigerian National Petroleum Corporation (NNPC), through the Group Managing Director (GMD), Mr. Mele Kyari, has said that the corporation is about to reach an agreement in securing a $2.5billion gas pipeline financing with China. Kyari made this known while speaking with the Bloomberg in the World Energy Conference in Abu Dabhi in Saudi […]

Business

MTN’s 20.3bn shares may start trading on equities market Thursday

Ihesiulo Grace 15 May 2019

…To raise over N200bn for expansion in Nigeria Ladesope Ladelokun MTN Nigeria has concluded all plans to be officially introduced on the Nigerian Stock Exchange, come Thursday, May 16th, even as a plan to increase its expansion and the efficiency of its network in Nigeria is underway. The telecommunication firm is looking to raise over […]

Business

MTN to rake $300m from sale of Botswana unit

Ihesiulo Grace 8 March 2019 0

…Eyes $1.1b from asset sales As part of efforts to raise at least $1.1 billion from asset sales and cement its financial base, MTN Group has agreed to sell its 53 per cent stake in Botwana’s Mascom to Econet wireless Zimbabwe Ltd. for $300 million. This is coming on the back of the announcement by […]

Health News

Five states,TCI unite to address reproductive health needs of urban poor

Ihesiulo Grace 17 November 2017 0

The Challenge Initiative (TCI), implemented globally by the Gates Institute at the Johns Hopkins Bloomberg School of Public Health, and in Nigeria by the Johns Hopkins University Centre for Communication Programs (JHUCCP) signs a Letter of Commitment with Ogun, Kano, Delta, Bauchi and Niger state governments to implement The Challenge Fund Catalytic Grant after a […]